Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Israel - 2023

Contents:

1. Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Israel (CIF) - 2022
2. Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Israel (FOB) - 2022
3. Imports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Israel
4. Exports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Israel

Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Israel (CIF) - 2022

The average import price for liquefied ethylene, propylene, butylene and butadienes stood at $785 per ton in 2022, surging by 4.2% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for liquefied ethylene, propylene, butylene and butadienes increased by +26.0% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 99%. As a result, import price reached the peak level of $1,156 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($3,601 per ton), while the price for Germany ($75 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Israel (FOB) - 2022

In 2020, the average export price for liquefied ethylene, propylene, butylene and butadienes amounted to $1,299 per ton, shrinking by -24.1% against the previous year. In general, export price indicated a mild expansion from 2012 to 2020: its price increased at an average annual rate of +1.7% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, export price for liquefied ethylene, propylene, butylene and butadienes decreased by -42.4% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 48% against the previous year. The export price peaked at $2,253 per ton in 2018; however, from 2019 to 2020, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2012 to 2020, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Imports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Israel

In 2022, supplies from abroad of liquefied ethylene, propylene, butylene and butadienes was finally on the rise to reach 39 tons after two years of decline. Over the period under review, imports, however, continue to indicate a slight slump.

In value terms, imports of liquefied ethylene, propylene, butylene and butadienes rose markedly to $30K in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 20%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Liquefied Ethylene, Propylene, Butylene and Butadiene to Israel in 2022:

1. United States (24.0 tons)
2. France (12.8 tons)
3. Germany (3.2 tons)
4. Greece (3.0 tons)
5. Belgium (1.5 tons)
6. Italy (0.5 tons)

Exports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Israel

In 2022, approx. 4.1 tons of liquefied ethylene, propylene, butylene and butadienes were exported from Israel; with an increase of 8.2% on the year before. The total export volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 39%. As a result, the exports attained the peak of 4.4 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of liquefied ethylene, propylene, butylene and butadienes stood at $5.7K in 2022. The total export value increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 5.6%. As a result, the exports attained the peak of $5.8K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Liquefied Ethylene, Propylene, Butylene and Butadiene from Israel in 2022:

1. Czech Republic (4.4 tons)

Source: IndexBox Market Intelligence Platform